Wednesday, September 25, 2013

Silver Bear Flag Pattern Formation Expected target 45000 CMP is 49300





Silver Bear Flag Pattern Formation Expected target 45000

GOLD and SILVER and USDINR Bullish uptrends to start ... BUY BUY only

HELLO FRIENDS.  ::  BUY GOLD  30000 CMP & SILVER 49000 MCX RATES :: Bottom in gold is seen at 28500 not expected much down ,, bottom is laced.. sustain above 30500 tgt 35500 - 39000 soon 3 months,, Silver CMP is 49000 support @ 48000 - 47500 not loking to trade below same ... tgt 60000 - 65000... USDINR CMP is 62.8 tgt 65 - 68 soon ... 

Monday, September 23, 2013

NIFTY intrday Bear flag patter breakdown is expected at 5970 expected target 5765



NIFTY forming Bear Flag Pattern Formation in intrday chart from Fridays high @ 6155 to 5950 ; where Pole difference is 205 points and is expected to give breakdown @ 5970 : if sustain trading beiow 5970 for 10 - 15 min will test 5950 amd will retest 5970 - 5975 lvl and continue the bear trend where i am looking at 5765 in near term.... ressitance and stop of 6050 is advise...

CMP is 5984 @ 9.54 am. 

Thursday, September 12, 2013

USDINR Elliot wave formation expected target of 75.2 - 82.8


USDINR Elliot wave formation expected target of 75.2 - 82.8

Friday, September 6, 2013

Bull Flag Pattern Formation in USDINR with Base @ 58.65 & 60.4 ...




Bull Flag Pattern Formation 
Base @ 58.65 and 2nd Base @ 60.4
Point D expected to test at 65.15 and reversal is expected fome the support level of 65, if reversal is seen from 65 will try to test 68 level which will be point E and expected Breakout l Level.
Height of the pole 1 is 10.5 & Height of the Pole 2 is 8.75
Expected Breakout @ 68
Target expected - 76.75 - 78.5


Nifty Topout @ 5700 - 5720 a-b-c Pattern formation. Expacted Target 4700 in near term


Nifty looking at the chart is making a formation of A-B - C where point C has retraced by 61.8% retracement of A-B, if this resistance of 5720 is holding then will give a good reversal in market where on lower side 100% expansiion which comes to 4700 is expected to test soon in near term.